Business succession planning
You’ve created and grown a successful business, but now your time has come to step aside and appoint a successor who will look after your business to ensure it continues to thrive. Business succession can be a very stressful process, as your decisions can ultimately affect the future of the businesses and situations are different, which is why our team of expert business succession planning solicitors can help to create a plan tailored to you. We will guide you through all the aspects of your business succession, including:
- Reviewing existing legal agreements that might determine the value of your business
- Where appropriate, discussing with any business partners or family members that might be involved
- Making sure that your will reflects your succession plans
- Considering how the business can continue to be managed in the event of your planned or unexpected absence
- Effective use of all available tax reliefs, for example Business Property Relief
- Keeping all your legal papers up to date and in a secure place
In 2017 we received the Law Society’s prestigious Excellence in Private Client Practice award for our work in this area of law.
We can provide different pricing options depending on your budget and we are happy to have an initial chat without obligation – contact us today.
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North, South, East or West. Wherever you are, we’ve got you covered. Contact us today for an informal chat, without obligation. We look forward to hearing from you.
Wills, probate & private client news
Providing for a pet in your will
Our wills and probate solicitors can assist in ensuring that your beloved pets are provided for after your death
Keeping legacies in the family and out of court
With disputes rising as the validity of more wills are being challenged, it is important to review and update to assure inheritance plans.
Wrapping up the administration of an estate after probate
Our wills and probate solicitors can help you to ensure that all final estate administration is dealt with appropriately.
Why Everyone Needs a Will
In today’s fast-paced world, it’s easy to put off important tasks, and writing a will is often one of them. However, having a will is crucial for ensuring your wishes are carried out after your death and providing peace of mind to your loved ones. In this comprehensive guide, we’ll explore the importance of having a will, and the steps to take in order to secure your legacy.
Common Myths about Inheritance Tax Planning: Busting the Misconceptions
Inheritance tax planning is a crucial aspect of financial management, yet it is often shrouded in misconceptions and myths. As the New Year begins, it’s an opportune time to debunk these common misunderstandings and shed light on the realities of effective inheritance tax planning. In this article, we’ll address and dispel some of the prevalent myths surrounding inheritance tax, providing clarity for individuals and families seeking to secure their financial legacies.
Distributing the gifts in an estate after probate
The rise in the popularity of women’s sport is finally showing signs of closing the gap on men both in terms of parity of pay and sponsorship opportunities. However, there is still a huge chasm in sports where women are a long way from the rewards and recognition received by their male counterparts. Many sportswomen are household names for their performances in their chosen sport. Some women are heralded as sporting icons. Pay and sponsorship deals have increased. But the women are still a long way behind their male counterparts
When should a lay trustee consult a solicitor?
The rise in the popularity of women’s sport is finally showing signs of closing the gap on men both in terms of parity of pay and sponsorship opportunities. However, there is still a huge chasm in sports where women are a long way from the rewards and recognition received by their male counterparts. Many sportswomen are household names for their performances in their chosen sport. Some women are heralded as sporting icons. Pay and sponsorship deals have increased. But the women are still a long way behind their male counterparts
Wollens win national ESG initiative award!
Wollens were delighted to be awarded the ESG Initiative Award at the LawNet Ltd annual awards.
At Wollens we believe that sustainability is fundamental to the long-term success of our business and the communities we are a part of. We actively engage and demonstrate our commitment to reducing our carbon footprint. There were two specific identifiers which helped us prioritise ESG as firm. The first was the 2050 net zero target set by the government, and secondly the feedback from our staff survey which indicated that this was an issue for many of them.
The Importance of Making a Will: Ensuring Your Legacy Lives On
When it comes to planning for the future, making a Will is often overlooked or considered unnecessary by many individuals. However, the truth is that creating a Will is a critical step in ensuring that your wishes are carried out according to your desires after you pass away.
Making a best interests decision under an LPA
The Mental Capacity Act sets out various factors that you must consider when deciding what is in another person’s best interest. It is important to follow what the Act says.
